A maturing market amid the mayhem
Realty index ends as top sectoral loser
Weakness in realty stocks on Tuesday sent the BSE Realty Index down 1.75 percent and to the top of the list of sectoral losers.
Top listed realty firms Unitech and DLF posted losses of 2.9 percent and 1.8 percent respectively. Sobha Developers, which dropped 3.8 percent, was the top loser in the index.
Mahindra Lifespace was the only stock in the index that closed in the green.
The realty index has gained around 4 percent in 2010, while firms like DLF and Unitech have gained 5.2 percent and 3.7 percent respectively in the same period.
Do you think it is a good time to invest in this sector?